Thursday, June 01, 2023 5:56:38 PM
Perhaps Glenn is right about the common cramdown but you can make your own judgement on his track record to date.
Next up is the Rop Cert decision as familymang has highlighted in his calendar. We should know a lot more by the end of the year.
JPS seems to have a much better risk/return at current prices but it is not to say that both common and JPS will eventually be treated fairly. I got to believe that Ackman will step back in on behalf of common at some point with new litigation on a MQD type of lawsuit if the JB Admin tries to execute a cramdown via Admin Action
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